Sorrento Resources Ltd. (TSE:SRS) has released an update.
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Sorrento Resources Ltd., a Canadian exploration firm, has successfully acquired the entire interest in the Newfoundland-based Lord Baron Project, which spans over 5,650 hectares with 13 mineral licenses. The acquisition includes a $47,500 cash payment and 4.3 million common shares, alongside a 2% net smelter return royalties to the original vendors.
For further insights into TSE:SRS stock, check out TipRanks’ Stock Analysis page.